$750,000
$750,000
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0.34 Acres Lot
SOLD DATE : 06/12/2024
Key Details
Sold Price $750,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6688759
Sold Date 06/12/24
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $1,450
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100 feet frontage by 150 feet
Property Description
Over 1/3 of an acre lot surrounded by multi-family - a perfect place to redevelop and benefit from the strong rental demand in the heart of Tempe. Current structure can be razed. Recent major capital investment projects in close proximity include luxury apartments and Class A office space. Those familiar with the market know these infill lots are very rare, a savvy buyer will not hesitate to jump on this. A few blocks from the plentiful amenities along Tempe Town Lake and Mill Avenue, various large employers including ASU and easy access to freeways make this location ideal for your next project. Grandfathered irrigation rights. Property has been in the family for 70+ years and structures are 1950's era, PLEASE DO NOT ENTER STRUCTURES.
Location
State AZ
County Maricopa
Zoning R3
Direction Located on the east side of Wilson Street just west of Farmer Avenue, take either 1st Street or 5th Street to access.
Exterior
Fence Chain Link
Topography {\"Level\":true}
Building
Lot Description See Remarks
Sewer Public Sewer
Water City Franchise, Wtr Rghts Grndfthrd
New Construction No
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 124-32-026
Horse Property N
Financing Cash
Special Listing Condition Probate Listing
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Bought with eXp Realty
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